Since the introduction of the Freddie Mac Program Plus network of multifamily loan originators and servicers in 1993, Freddie Mac has provided financing for nearly 5,000 multi-family properties totaling more than $17 billion.

The series A & B bond proceeds will be used to fund the purchase and transfer of 30 existing multifamily loans into this indenture and the origination of one new multifamily loan, and also fund the origination of new single-family loans.

The Mortgage Bankers Association released its end-of-year 2006 rankings of the top commercial and multifamily loan servicers at the association's 2007 Commercial Real Estate Finance/Multifamily Housing Convention & Expo in February.

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